Plan Snapshot
- Plan Sponsor: Tennant Company
- Sponsor EIN: 410572550
- Sponsor Address: 10400 CLEAN STREET, EDEN PRAIRIE, MN, 55344
- Plan Type: 401(k)
- Total Participants: 2,003
- Total Assets: $450.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,003 | $450.2M | $10.0M | $16.7M |
| 2023 | 1,889 | $421.2M | $8.9M | $15.0M |
| 2022 | 1,777 | $373.3M | $5.9M | $14.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EIDE BAILLY LLP | Auditor | $33,000 | — | $33,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,000
- Estimated Expense Ratio: 0.007% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $323,717 | $189,157 | $600 | $33,000 | — |
| 2023 | $303,060 | $177,477 | $2,400 | $32,682 | — |
| 2022 | $310,012 | $163,166 | — | — | — |